Kingsport, TN metro area Housing Market

Cold Market

Comprehensive housing market data for the Kingsport, TN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$270K

5.9% YoY

Days on Market

80 days

14.3% YoY

Active Inventory

1,228

10.5% YoY

Homes Sold

316

9.7% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Kingsport, TN metro area Market Summary

The Kingsport, TN metro area housing market is cooling down. As of March 2026, the median home sale price is $270K, up 5.9% year-over-year. Homes are spending a median of 80 days on the market, 14.3% longer than a year ago.

There are 1,228 homes for sale — 10.5% more than last year. With 3.9 months of supply, this is a seller's market. 476 new listings were added during this period, up 7.4% year-over-year.

Homes are selling for 96.2% of their list price on average, suggesting room for negotiation. 11.1% of homes sell above their asking price. 28.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 3.9
Days on Market 80
Price Drops 28.8%
Sale-to-List Ratio 96.2%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 38.2%
Days on Market (National: 55) 45.5%
Inventory (National: 1,314,690) 99.9%

vs. Tennessee Median

Median Price (Tennessee: $393K) 31.4%
Days on Market (Tennessee: 86) 7.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 38% below the national median, which could indicate stronger cash flow potential.

Kingsport, TN metro area Market Trends

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Detailed Market Metrics

Median List Price

$288K

Price per Sq Ft

$159

Sale-to-List Ratio

96.2%

Months of Supply

3.9

Sold Above List

11.1%

Price Drops

28.8%

New Listings

476

7.4% YoY

Pending Sales

472

Off Market in 2 Weeks

38.4%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.